Ukraine posted zero economic growth over 2012 and 2013 because serious macroeconomic and structural weaknesses remain unaddressed. A combination of de-facto fixed exchange rate policy, loose fiscal policy together with considerable quasi-fiscal subsidies in the energy sector has led to further widening of the budget and the external imbalances and threatens sustainability.
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March 4, 2015 — The World Bank’s Board of Executive Directors approved a US$214.73 million loan for the "Serving People, Improving Health Project" to speed up the implementation of the healthcare system reform in Ukraine.Read More »
December 5, 2014 — Ukraine is known as the region’s breadbasket thanks to its black “chernozem” soil. But despite these favorable agricultural conditions, a major challenge today is soil erosion, which results in a loss of nearly 500 mln tonnes of soil every year.Read More »
The project aims at improving the energy efficiency of 10 district heating utilities around the country – saving energy, reducing CO2 emissions, and improving heat supply for over 3 million beneficiaries.Read More »